EUR/USD Forecast Nov. 13-17 2017

EUR/USD Forecast Nov. 13-17 2017

From forexcrunch.com

EUR/USD managed to tick up amid OK data from Europe and weakness in the US dollar. GDP data stands out in a busier week. Here is an outlook for the highlights of this week and an updated technical analysis for EUR/USD. German factory orders beat expectations while industrial output dropped by more than had been anticipated. The European Commission’s forecasts were upgraded and optimism remains strong. Yet perhaps the drift upwards can be best explained by the most basic fundamental: the euro-zone has a significant trade balance surplus, driven by German exports. This means that when nothing happens, the single ... (full story)

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Comment #1
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Nov 12, 2017 10:19am Nov 12, 2017 10:19am

Not-KPMG
Joined Jun 2015 | Status: Member | 7592 Comments

Respect!!!
I thought Yohay is still ashamed to publish anything.... But he isn't.

If Yohay is bullish I'm bearish.
Up a bit (maybe) say 1.1730-40 max then drooop.

Of course many news, Draghi, Trump can happen....

Beware of robber banks (RB), bad advisors.

Comment #2
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Nov 12, 2017 1:22pm Nov 12, 2017 1:22pm

courts
| Joined Jun 2017 | Status: Member | 17 Comments

Quoting Not-KPMG

Disliked

Respect!!! I thought Yohay is still ashamed to publish anything.... But he isn't. If Yohay is bullish I'm bearish. Up a bit (maybe) say 1.1730-40 max then drooop. Of course many news, Draghi, Trump can happen....

Ignored

You are so clueless, trading is not about being right or wong but about rr ratio. Eurusd closed the week above 1660 so if I have to open a position I would open a long, Yohay is right. Of course the market could go in the opposite direction but then he would lose 20 pips with an upside of 500 pips, if you go short you would have to place sl at 1720 minimum and maximum downside around 1350, so 50 pips min loss 250 pips max gain. Nobody knows what's going to happen the whole point is to manage risk. You are an idiot.

Comment #3
Quote
Nov 19, 2017 5:26pm Nov 19, 2017 5:26pm

Not-KPMG
Joined Jun 2015 | Status: Member | 7592 Comments

Well....after weeks of wrong sides....Yohay got one right.
I mean the USA mess and German news got euro up....not Yohay.

Generous of spirit, I'll tick one good guess.!!

Beware of robber banks (RB), bad advisors.

Story Stats

Posted: Nov 12, 2017 5:31am
Submitted by:
Yohay

Category: Fundamental Analysis

Comments: 3 / Views: 3,412